Assam MSME Listing Subsidy
By Department of Industries, Government of Assam
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Quick Answer
Assam reimburses 30% of public issue expenses for MSMEs listing on BSE or NSE, up to Rs 5 lakh.
About this subsidy
Clause 14.6 of the Industrial and Investment Policy of Assam, 2019 encourages MSMEs to list on the BSE and NSE by subsidising 30% of the cost of public issue expenses, subject to a maximum of Rs 5 lakh.
Public issue costs — merchant banker, registrar, legal, listing and marketing fees — are a real barrier for a small company considering the SME board. This clause absorbs roughly a third of that bill for an Assam MSME that goes through with the listing.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Go Premium to view.
Subsidy providers
Benefits & Funding
- Amount
- Up to ₹5 Lakhs
What You Get
If your MSME goes public on the BSE or NSE SME platform, the state picks up 30% of the public issue expenses, capped at Rs 5 lakh. That covers a meaningful slice of the merchant banker, registrar, legal and listing costs that otherwise sit entirely on a first-time issuer. The benefit is tied to the listing actually happening, so it is claimed against issue expenses already incurred.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Non-competitive. The department verifies the listing and the audited statement of public issue expenses, then sanctions 30% up to Rs 5 lakh.
Application Process
- 1
Register as an eligible MSME
Obtain eligibility under the Assam industrial policy.
You - 2
- 3
- 4
How to apply
Four steps from draft to disbursement — one action each.
- 1
Submit on the official portal
Use the official application link and verify all details before final submission.
- 2
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What share of listing costs is covered?
30% of the cost of public issue expenses, subject to a maximum of Rs 5 lakh.
Which exchanges qualify?
The clause is aimed at MSMEs to be listed on BSE and NSE.
Who can claim it?
MSMEs eligible under the Industrial and Investment Policy of Assam, 2019.
Are ongoing compliance costs covered?
No. The subsidy is on public issue expenses, not on annual listing or compliance fees.
Is it paid before the issue?
No. It is a subsidy on expenses incurred for the public issue, claimed under the policy's reimbursement process.
